Personal Financial Statement

Sending a Personal Financial
Statement letter like this sample, to your lender along with your request to establish new
credit with them will really catch their attention.

Think of it as a way to be noticed among the many customers your lender provides services for.

Don't sent this letter all by it's lonesome, however.

You should also enclose this letter to further explain some key points in your financial statement.

By doing this extra step, your lender may very well move your application to the top of the pile.

You’ll look like a professional and trustworthy person to work with!

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Personal Financial Statement

TO:_______________________

The undersigned for the purpose of procuring and
establishing credit from time to time with you and further, to induce you to
permit the undersigned to become indebted to you on notes, endorsements, guarantees,
overdrafts or otherwise, furnishes the following (or in lieu thereof the
attached) which is the most recent statement prepared by or for the undersigned
as being a full, true and correct statement of the financial condition of the
undersigned on the date indicated, and agrees to notify you immediately of the
extent and character of any material change in said financial condition, and
also agrees that if the undersigned, or any endorser or guarantor of any of the
obligations of the undersigned, at any time fails in business or becomes insolvent,
or commits an act of bankruptcy, or dies, or if a writ of attachment,
garnishment, execution or other legal process be issued against property of the
undersigned or if any assessment for taxes against the undersigned, other than
taxes on real property, is made by the federal or state government or any
department thereof, or if any of the representations made below prove to be
untrue, or if the undersigned fails to notify you of any material change as
above agreed, or if such change occurs, or if the business, or any interest
therein, of the undersigned is sold, then and in such case, all of the
obligations of the undersigned to you or held by you shall immediately be due and
payable, without demand or notice. This
statement shall be construed by you to be a continuing statement of the condition
of the undersigned, and a new and original statement of all assets and
liabilities upon each and every transaction and by which the undersigned
hereinafter becomes indebted to you, until the undersigned advises in writing
to the contrary.